STAR PAPER MILLS LIMITED,KOLKATA vs. DCIT, CIR. 4(2), KOLKATA

In the result, the appeal of the assessee is partly allowed

Bench: Shri P. M .Jagtap, Vice-(Kz) & Shri A. T. Varkey, Jm]

80I-A(8) of the Act, is not subject to provisions of Chapter X of the Act or that it is not to be subjected to arm’s length principles. He took us through the Form 3CEB wherein the assessee had determined the ALP of the power supplied by the CPP, by using the CUP Method. He also referred

ACIT, CIRCLE - 7, KOLKATA vs. VODAFONE ESSAR EAST LTD., KOLKATA

343/K/2009 04-05 Revenue dismissed